Natural gas
EU considers temporary gas price cap
Brussels is considering new powers to temporarily limit EU gas prices, which have recently reached record levels compared to the USA. Strong backlash from the industry.
2/13/2025
European natural gas prices traded at their highest level in more than two years this week, partly due to low temperatures and a lack of wind that have hampered renewable energy production. They are three to four times higher than in the US, which is a critical handicap for European companies.The European Commission is considering a cap as part of…
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